29 March 2014

BlackBerry slides, "we were once a $20 billion company"

“We were once a $20 billion company,” Mr. Chen said. “It’s not out of the question that we could go back and recapture old ground. That may sound a little funny to you right now, but you never know.”--BlackBerry CEO in NYTimes.comBlackBerry revenue falls below a $1 billion - CBS News: "The Canadian company said it lost $423 million, or 80 cents per share, on revenue of $976 million -- down from $2.7 billion in revenue the fourth quarter last year. Analysts expected a loss of 56 cents per share on revenue of $1.1 billion. It's the first time the company has reported less than $1 billion in revenue since late in 2007."